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Finance & Markets

Chevron Turned $3.1 Billion Loss Into A Gain In One Quarter Amid ‘Heightened Volatility’ During Iran War

The swing was rooted in Chevron’s commodity derivatives, which in the company’s case are financial contracts that get their value from oil shipments.

Chevron Turned $3.1 Billion Loss Into A Gain In One Quarter Amid ‘Heightened Volatility’ During Iran War

We haven't written up this one. Forbes has the full story — the link below goes straight to it.

Read the original at forbes.com →

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Cash-strapped borrowers turn to scrip

The Boston Fed found that over the past four years “pay-in-kind” arrangements rose from 6% to 10% of portfolios at the most common type of private-credit fund, known as a BDC.

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